FINA Committee Meeting

Notices of Meeting include information about the subject matter to be examined by the committee and date, time and place of the meeting, as well as a list of any witnesses scheduled to appear. The Evidence is the edited and revised transcript of what is said before a committee. The Minutes of Proceedings are the official record of the business conducted by the committee at a sitting.

For an advanced search, use Publication Search tool.

If you have any questions or comments regarding the accessibility of this publication, please contact us at accessible@parl.gc.ca.

Previous day publication Next day publication

Minutes of Proceedings

Standing Committee on Finance (FINA)

44th Parliament, 1st Session

Meeting 102

Thursday, September 28, 2023, 11:05 a.m. to 1:08 p.m.

Room 415, Wellington Building, 197 Sparks Street

Televised

Presiding

Peter Fonseca, Chair (Liberal)

Expand All Collapse All

Members of the Committee present

Liberal

Conservative

Bloc Québécois

Gabriel Ste-Marie

NDP

Daniel Blaikie

Acting Members present

• Peter Fragiskatos for Rachel Bendayan (Liberal)

• Francesco Sorbara for Joanne Thompson (Liberal)

Other Members present

• Mike Morrice (Green Party)

In attendance

Library of Parliament

• Brett Capwell, Analyst

• Mehrab Kiarsi, Analyst

• Michaël Lambert-Racine, Analyst

Committee Business

The committee proceeded to the consideration of matters related to committee business.

It was agreed, — That, in relation to the study of pre-budget consultations in advance of the 2024 budget, the proposed supplementary budget in the amount of $ 40,640.00, for the committee’s travel to Fredericton, NB/ Charlottetown, PE, Halifax, NS, St. John’s, NL in Fall 2023, be adopted.

Policy Decisions and Market Forces that have led to Increases in the Cost of Buying or Renting a Home in Canada

Witnesses

Canada Mortgage and Housing Corporation

• Bob Dugan, Chief Economist

• Aled ab Iorwerth, Deputy Chief Economist

• Chris Woodcock, Director, Client Development and Government Relations

Department of Finance

• Alison McDermott, Assistant Deputy Minister, Federal-Provincial Relations and Social Policy Branch

• Nicolas Moreau, Associate Assistant Deputy Minister, Financial Sector Policy Branch

• Miodrag Jovanovic, Assistant Deputy Minister, Tax Policy Branch

• Julie Turcotte, Acting Assistant Deputy Minister, Economic Policy Branch

Office of Infrastructure of Canada

• Janet Goulding, Senior Assistant Deputy Minister, Community Policy and Programs Branch

Pursuant to Standing Order 108(2) and the motion adopted by the committee on Thursday, September 21, 2023, the committee commenced its study of policy decisions and market forces that have led to increases in the cost of buying or renting a home in Canada.

Bob Dugan and Alison McDermott made statements and, with Aled Ab Iorweth, Chris Woodcock, Nicolas Moreau, Miodrag Jovanovic, Julie Turcotte and Janet Goulding, answered questions.

At 12:50 p.m., the sitting was suspended.

At 1:00 p.m., the sitting resumed in camera.

Committee Business

The committee proceeded to the consideration of matters related to committee business.

By unanimous consent, it was agreed, — That, in relation to the access to information and privacy request received by the Privy Council Office and communicated to the committee on Thursday, July 13, 2023, the committee instruct the clerk of the committee to authorize disclosure of the committee documents contained in the said request without any personal information.

At 1:08 p.m., the committee adjourned to the call of the Chair.

Alexandre Roger,

Alexandre (Sacha) Vassiliev

Clerks of the committee